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Basis of Presentation
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15 Months Ended |
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Sep. 30, 2011
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| Basis of Presentation |
Note 1
Basis of Presentation
The
accompanying unaudited interim financial statements have been
prepared in accordance with accounting principles generally
accepted in the United States of America and the rules and
regulations of the United States Securities and Exchange Commission
for interim financial information and with the instructions to Form
10-Q and Article 10 of Regulation S-X.
The
financial information as of June 30, 2011 is derived from the
audited financial statements presented in the Company’s
Annual Report on Form 10-K for the year ended June 30,
2011. The unaudited interim financial
statements should be read in conjunction with the Company’s
Annual Report on Form 10-K, which contains the audited financial
statements and notes thereto, together with the Management’s
Discussion and Analysis of Financial Condition and Results of
Operations, for the year ended June 30, 2011.
Certain
information or footnote disclosures normally included in financial
statements prepared in accordance with accounting principles
generally accepted in the United States of America have been or
omitted, pursuant to the rules and regulations of the Securities
and Exchange Commission for interim financial reporting.
Accordingly, they do not include all the information and footnotes
necessary for a comprehensive presentation of financial position,
results of operations, or cash flows. It is management's opinion,
however, that all material adjustments (consisting of normal
recurring adjustments) have been made which are necessary for a
fair financial statement presentation. The interim results for the
period ended September 30, 2011 are not necessarily indicative of
results for the full fiscal year.
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